Joint Association (ISDA, LIBA and BBA) Response to the UK FSA’s CP 08 22 on "Strengthening Liquidity Standards"

Documents (1) for Joint Association (ISDA, LIBA and BBA) Response to the UK FSA’s CP 08 22 on "Strengthening Liquidity Standards"

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...